Top IT news for May 2: Microsoft leaning toward hostile bid, Yahoo close to Google search deal, Sun layoffs

Top IT news for Friday, May 2, 2008: Report says Microsoft could be planning a hostile takeover of Yahoo, while Yahoo may be close to an ad search deal with Google, Sun is planning layoffs and blames weak U.S. economy, Motorola predicts end of wired networks, Intel 10Gb NIC preparing to ship, and much more.